Based on TheCCPress, the stablecoin supply on Ethereum has hit a record high of $172 billion, driven by increased minting of USDT and USDC. The surge reflects growing institutional interest and activity, with major stablecoin issuers like Tether and Circle playing a key role. The expansion is strengthening liquidity in DeFi markets and reinforcing Ethereum’s position in the financial sector.
Ethereum Stablecoin Supply Reaches Record $172B Amid USDT and USDC Growth
CCPressShare
Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information.
Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.